Karachi, July 06, 2020: The mastermind of the attack on Pakistan Stock Exchange was in touch with the terrorists through a live camera. A leading urdu newspaper in Pakistan has reported that significant progress has been made in the investigation into the Pakistan Stock Exchange attack and cameras have also been recovered from the possession…
Karachi, July 6, 2020 : Overseas Investors Chamber of Commerce and Industry (OICCI), the largest chamber in terms of economic contribution and representing top 200 foreign investors in Pakistan, has released the results of its latest Annual Security survey 2020, covering feedback on the security environment from July 2019 to June 2020. Overall, the foreign investors…
KARACHI, July 6, 2020: The State Bank of Pakistan (SBP) has enhanced scope of refinance facility to support health facilities. On 17th March, 2020, SBP introduced a refinance scheme, titled Refinance Facility to Combat Covid-19 (RFCC), to support the hospitals and health sector for providing services to directly fight against Covid-19. Under this scheme, banks…
Karachi, July 6, 2020: Industrials have lodged strong protest over prolonged load shedding and allowing K-Electric to charge quarterly Fuel Cost Adjustment (FCA) of 2.89 rupees per unit. President of SITE Association of Industry Suleman Chawla has questioned the Economic Coordination Committee to clarify who is dearer to them: K-Electric or trade & Industry. He…
Karachi, July 06, 2020: Pakistan Stock Exchange (PSX) closed higher on first trading day of the week. On Monday KSE-100 index of went up 187 points during the session and made a comfortable close above 35200 level. E&P, OMC, Cement and Pharma sectors performed well. Although profit booking was also observed in Pharma sector. Fertilizer…